According to a report released early this afternoon by the Naples Area Board of Realtors: Overall pending home sales in the greater Naples area, which includes the Naples beach area, North Naples, central Naples, East Naples, Immokalee and Ave Maria, saw an increase of 101 percent with 1,029 pending sales in May compared to 511 in May 2008.
The report tracks home listings and sales within Collier County, excluding Marco Island.
The most encouraging statistic to date is that from 2008 to 2009 all geogrphic areas of Naples saw an increase of at least 50%. Inventory is decreasing and sales have seen a continued upward trend, could Naples be seeing the first signs of a positive market?
The available inventory decreased 10 percent to 10,046 in May compared to 11,175 in May 2008, NABOR reported. Source: Naplesnews.com
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June 12, 2009
Home Warranties Prove Valuable in Today’s Real Estate Market for First-Time Home Buyers
A study conducted by American Home Shield and a major national real estate company reveals that homes offered with warranty protection sold an average of 23 days faster than homes with no warranty coverage.
In addition, those same homes earned four percent more at closing than homes without coverage.
In a year where first-time home buyers are expected to account for more than 50% of sales, home warranties could have an even bigger impact.Source: RISmedia.com
There are a number of factors for a first-time buyer to enter the real estate market. Historically low interest rates, an $8,000 tax credit, the decline in the overall median price from a year ago. If the first-time home buyer is transitioning from renting to buying, they have the perfect current buying scenario as long as funding is in place.
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In addition, those same homes earned four percent more at closing than homes without coverage.
In a year where first-time home buyers are expected to account for more than 50% of sales, home warranties could have an even bigger impact.Source: RISmedia.com
There are a number of factors for a first-time buyer to enter the real estate market. Historically low interest rates, an $8,000 tax credit, the decline in the overall median price from a year ago. If the first-time home buyer is transitioning from renting to buying, they have the perfect current buying scenario as long as funding is in place.
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June 6, 2009
Presenting The Grande Excelsior at The Dunes
Fantastic views of the Gulf all the way to Sanibel IslandBig sister to the Moraya Bay Beach Tower, The Grande Excelsior offers private, full service beach club amenitites, just steps away from the beach.
Experience the Lifestyle!
Offered turnkey, furnished with upgrades galore!
1,410,000
Competitively priced at current market value
Call: 239-687-4471
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